103% Percent California Home Mortgage Loans
What is better than getting your home with no down payment? How
about no down payment, plus an extra 3% to cover closing costs.
Financing opportunity for Borrowers with excellent credit but little
money for down payment. This loan program is a great way to get
into your new home or investment property. Just when you thought
it couldn't get any easier to buy the home of your dreams! 103%
California Home Loans, might just be the loan to get you into the
home of your dreams. In today's economy, it is becoming more and
more common to purchase a home with no money down and with the 103%
California Home Loans, you are able to finance 3% of your closing
costs. This loan is recommended for borrowers with exceptional credit.
If you find that this is not the loan for you, please take a moment
to tour our site and find the loan that best suites you.
- Zero Down plus finance 3% of your closing costs into the loan.
- Sellers may also contribute an additional 3% towards your closing
costs.
This program offers a special 103% Financing loan program. This
loan program is perfect for those who do not have substantial savings
for a down payment and who need help with closing costs. Under this
loan program, up to 3% of closing costs can be financed for a total
loan to value (LTV) ratio of 103%.
No down payment is required with our 103% Financing. Also, there
are no income limits or restrictions. However, it should be noted
that a credit score of at least 700 is required in order to qualify
for this loan program.
|
